The United States added 172,000 nonfarm payrolls in May, more than doubling expectations, the Bureau of Labor Statistics reported Friday.

Wednesday's jobs report showed U.S. employers added 122,000 workers in May, beating the Dow Jones consensus estimate of 110,000, ADP reports.

U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising…